Funding you earn now, next payment 08:00 UTC−0.0699%/8h= −76.6% APRnext payment −$0.87 per $10,000 · paid last 24h −0.011%
Price spread now: Pacifica against tradeXYZ+0.121%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$360.357% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.121%, 7d avg +0.003%
=Together, before fees+0.042%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.117% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.003%): +$12 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.135% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHX | 1,351.4 | 0.0799 | pay 0.0100% / 1h | 31m 03s | $296.4M | $269.4M | 10x |
| Short | Pacifica SKHYNIX | 1,353 | 0.0100 | get 0.0013% / 1h | 31m 03s | $102K | $433K | 10x |
tradeXYZ xyz:SKHX
Pacifica SKHYNIXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$146.85
- Price spread: +0.121% → +0.003%
- $11.73
- Slippage, 4 orders
- −$9.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$170.81
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Pacifica: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 9 min ago | 0.74 bp | 9.7 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 7 min ago | 0.37 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
SKHYNIX on 23 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0558% | 4h | 1,353.3 | +0.142% | $3.3M | $431K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0056% | 1h | 1,352.7 | +0.099% | $699 | $36K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.5 | +0.080% | $18.4M | $31.7M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,352.6 | +0.086% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,352.7 | +0.093% | $328.4M | $953.0M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,352.9 | +0.109% | $19.1M | $30.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,353.3 | +0.144% | $140.4M | $77.1M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,353.1 | +0.124% | $21.8M | $34.4M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.9 | +0.109% | $98K | $219K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,353.4 | +0.147% | $1K | $482K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,353.4 | +0.145% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,352.9 | +0.112% | $1.2M | $777K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0032% | 4h | 1,353.3 | +0.141% | $2.5M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIXshort | +0.0100% | 1h | 1,353 | +0.121% | $102K | $433K | 10x | |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,352.6 | +0.091% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,353.9 | +0.185% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,353 | +0.118% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.7 | +0.170% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,352.5 | +0.081% | $51.9M | $130.8M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0703% | 1h | 1,352.8 | +0.100% | $265 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXlong | +0.0799% | 1h | 1,351.4 | long leg | $296.4M | $269.4M | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0980% | 1h | 1,353.2 | +0.133% | $253K | $983K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1024% | 1h | 1,353.2 | +0.133% | $13K | $467K | 10x | as long as short |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD